31571 Boggs RdPainterVA23420
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Painter at 31571 Boggs Rd, Painter, VA, 23420 offers a 9.28% rental yield on a $110,000 purchase with $851/mo rent. Total monthly income registers $851/mo, and a $538/mo payment leaves $194/mo available for distribution. Annual cash flow reaches $2,326/yr on $36,465 to close, and return on cash invested stands at 26.29% in year one. Equity gained on principal adds $710/yr while 5% annual appreciation supports $30,391 over five years. Portfolio math shows five-year ROI at 136.83% and total cumulative return in cash at $49,896. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $851/mo property income against a $538/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2005
0.77 Acres lot
$N/A/sqft
No HOA
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Listed by: Denise B. Lewis • LEWIS REALTY
Mls Name: Eastern Shore AOR
Mls Provider:
Mls ID: #60834
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.